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James Griffin

james@uarva.com +1(757) 619-0930

$ 500,000

Est. payment | -/mo

2,400 SqFt

Save

$ 500,000

Est. payment | -/mo

Save

2,400 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $208

Subdivision Ocean View

MLS Listing ID 10656332

Style Over/Under

HOA Y/N No

Year Built 1931

Annual Tax Amount $2,433

Lot Size 2400.000 Acres

Property Sub-Type Duplex

Property Description

Investment opportunity or live in one and let the other help offset your mortgage! Updated Ocean View duplex featuring two spacious 3BR/2BA units plus detached storage garage. Unit 1 is vacant and move-in ready. Unit 2 has a long-term tenant since 2021, currently month-to-month, offering flexibility. Extensive 2022 improvements include new roof, windows, updated electrical, downstairs HVAC, flooring, appliances and fresh paint. In 2026, an additional downstairs bathroom and tankless water heater were installed, creating two full baths in each unit and increasing rental potential. Historical annual rents exceeded $38K, with projected annual income of $45K. Ideal for investors or owner-occupants seeking rental income, flexibility and significant capital improvements already completed.

Location

State VA

County Norfolk

Area 13 - North Norfolk

Interior

Hot Water Gas

Exterior

Fence None

Waterfront Description Not Waterfront

Roof Type Asphalt Shingle

Accessibility Main Floor Laundry

Building

Foundation Crawl

Sewer City/County

Water City/County

Schools

Elementary Schools Oceanair Elementary

Middle Schools Northside Middle School

High Schools Norview

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement, Owner Agent, Related to Seller

Special Listing Condition Disclosure Statement, Owner Agent, Related to Seller

Listed by BHHS RW Towne Realty

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+1(757) 619-0930

james@uarva.com

2476 Nimmo Pkwy, Beach, VA 23456, United States

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1139 E Leicester AVE Norfolk, VA 23503